A risk-averse person's marginal utility of wealth
A) increases as wealth increases.
B) decreases as wealth increases.
C) is constant.
D) is negative.
B
Economics
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One of the two criteria for a resource to be considered as a natural resource is that it must:
A) have been produced. B) be found in nature. C) be part of a factory or building. D) not be used to produce goods and services.
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Imputed rental income is considered taxable income to the homeowner under current tax law
a. True b. False
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